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Main » 2019 » March » 12

Views: 44 | Added by: mik | Date: 12.03.2019 | Comments (0)

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Results of the last trading day EURUSD:


On Monday, March 11 trades in the growth of the euro / dollar. In the American session, the euro rose against the US dollar to 1.1274. Traders focused on the British pound, which before the vote on Tuesday Brexit rose by 3 figures to 1.3288. Price drop into zone pinning reaching U4 line. This is rarely seen on the hourly timeframe. 


The market expects that the UK Parliament would vote against the agreement on Brexit, made by Prime Minister May with the EU, and will vote for the extension of Article 50 (withdrawal from the EU).

 

 

Views: 35 | Added by: mik | Date: 12.03.2019 | Comments (0)

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The euro dollar forex trading forecast for EURUSD today 03/12/2019
 

Traders in the EUR / USD pair today waiting for a mixed background. On the one hand, the possible depreciation of the EUR / USD on the background of the negative dynamics of the credit market, the yield falls differential German and American securities. ECB LTRO announced the launch of the program, which caused a rapid drop in European bond yields - a negative for the single European currency. On the other hand, the upward trend in the oil market can support the "bulls", as the euro has a strong correlation with oil BRENT. Black Gold rises in price by a decline in raw material supplies from Venezuela, Saudi Arabia and Russia.

 

EURUSD recommendation: flat 1.1210- 1.1285

 

 

Views: 37 | Added by: mik | Date: 12.03.2019 | Comments (0)

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